Global X Hang Seng TECH Covered Call Active ETF (03417) News

Goldman Sachs: Chinese equities show 'rotation signals,' with A-share hard-tech stocks still favored and H-share internet firms seeing earnings recovery.

Goldman Sachs’ latest China strategy maintains its tactical preference for A-shares over H-shares and hard tech over soft tech, but has started paying attention to the recovery potential of large-cap H-share internet stocks following their valuation adjustments. The key to sustained H-share rebounds lies not in valuations but in earnings: losses from internet subsidies and AI-related capital expenditures continue to weigh on profits. China’s AI sector as a whole is not viewed as a bubble, though signs of localized overheating have emerged in semiconductors and certain A-share hard tech segments.

wallstreetcnJul 13 10:34

Redemptions hit pause as non-money ETFs see net inflows against the trend—where are the funds flowing?

① Amid heightened volatility, capital is rotating within the technology sector, shifting toward segments such as semiconductor equipment; ② Satellite communications and robotics have also attracted investment, and the broker sector—still undervalued—has seen significant capital inflows; ③ Regarding the current AI-driven market rally, some mutual fund managers believe trading has become more challenging, yet opportunities still outweigh risks.

cls.cnJul 13 19:51

Express News | Li Qiang chaired a symposium with experts and entrepreneurs on the economic situation: comprehensive policy measures should be implemented to unlock the potential of domestic demand and accelerate the cultivation of new drivers of consumption.

BreakingsJul 13 19:43

Zhang Yidong’s Latest Insights Following Silicon Valley Research Trip: The AI Era Is Far From Over, and Opportunities Will Radiate Outward from 'Light'

In Zhang Yidong's view, the current Chinese equity market—including the AI-related rally—has undergone sufficient adjustment and is now entering a window for left-side positioning. Going forward, investment opportunities in AI will continue to expand from the 'light'-based computing power segment into a broader range of related fields.

Smart InvestorJul 13 16:34

Hong Kong Market Snapshot | The three major indices moved mixed, with the Hang Seng Tech Index down 0.96%; most PCB concept and semiconductor stocks declined, with Kingboard Group falling over 19% and GigaDevice dropping more than 15%; auto stocks weakene

Technology and internet stocks were mixed, with SenseTime Group down 5.67% and JD.com up 2.72%; smartphone supply chain stocks weakened, with Kingboard Holdings falling 19.18% and Hua Hong Hongli declining 7.12%; solar and photovoltaic stocks mostly declined, with JinkoSolar Holding down 18.53%, while Times Digital rose 8.64%.

Futu NewsJul 13 16:23

Hong Kong Market Midday Review | Hong Kong stocks rose sharply before retreating; the Hang Seng Tech Index fell 0.81%. Memory storage, PCB, and optical communication stocks continued to adjust, with CSOP Twox Leveraged SK Hynix dropping over 26%, and KB G

Technology and internet stocks were mixed, with Meituan-W down 2.03% and JD.com-SW up 1.54%; solar photovoltaic stocks weakened, with Junda Shares falling 10.00% and Times Digital rising 6.17%; most automotive stocks declined, with Seres down 11.30% and GAC Group down 6.39%;

Futu NewsJul 13 12:14

Futu Morning Brief | U.S.-Iran tensions escalate over the weekend! Strait passage in question; Samsung's Yongin chip plant starts production ahead of schedule; SK Hynix CEO: memory supply will remain tight through 2030; GigaDevice's Hong Kong-listed share

OpenAI, Meta, and SpaceX are competing to develop more cost-efficient AI models; Silicon Valley tech giants are borrowing aggressively, triggering a sell-off in the bond market.

Futu NewsJul 13 08:09

Hong Kong IPO Weekly Report: A-share companies including Dinglong Shares filed for listing; multiple new listings saw their share prices fall below offer price on debut

① Several A-share companies, including Dinglong Shares, have filed listing applications—what are the key takeaways? ② Multiple new listings saw their share prices fall below offering price on debut day—which ones warrant close attention?

cls.cnJul 12 16:40

Week Ahead | Waller’s Congressional Debut Coincides with June CPI! Q2 Earnings Season Kicks Off for Wall Street’s Big Five; Taiwan Semiconductor and ASML Holding Test AI Demand; U.S.-Iran 'Fight-and-Talk' Dynamics Stir Oil Prices

Next week, Hong Kong and U.S. equities will face a confluence of macroeconomic data releases, earnings reports, and key technology events. Waller will testify before Congress for the first time as Federal Reserve Chair, coinciding with the release of U.S. CPI and PPI data, potentially prompting a repricing of interest rate expectations. Meanwhile, ongoing U.S.-Iran negotiations amid military tensions continue to influence oil prices. Earnings season intensifies with results from Wall Street’s five major banks, while Taiwan Semiconductor and ASML will serve as barometers of AI demand. Jensen Huang is set to appear in Tokyo, and rumors suggest the imminent launch of Gemini 3.5 Pro. In Hong Kong markets, attention turns to China’s economic data releases, the expiration of share lock-ups for GigaDevice, and technology-driven catalysts from the World Artificial Intelligence Conference (WAIC).

Futu NewsJul 12 15:46

Iran announced the closure of the Strait of Hormuz, as U.S. forces stated they were launching strikes against Iran and explosions were heard in multiple Iranian locations.

On July 12, Iran's Islamic Revolutionary Guard Corps (IRGC) announced the closure of the Strait of Hormuz, prohibiting all vessel traffic until the United States ceases its intervention. The U.S. military declared it would strike Iran in response to attacks on civilian vessels in the strait. Explosions were subsequently reported in southern Iran, including in Bushehr, Asaluyeh, Qeshm Island, and Chabahar Port. The IRGC warned that if the U.S. uses this as a pretext for new attacks, Iran will respond forcefully and target additional U.S. bases in the Middle East.

wallstreetcnJul 12 09:05

Top-performing Hong Kong-listed stocks this week | The first pure-play intelligent robotics stock! Luoshi Robotics surged nearly 49% in two days since its listing; Deshi-B rose almost 48%, with iMedLoop establishing a rare industry-wide closed-loop produc

This week, the Hang Seng Index rose 3.53% cumulatively to close at 24,175.12 points; the Hang Seng Tech Index gained 4.95% over the same period, closing at 4,721.66 points; and the Hang Seng China Enterprises Index advanced 4.41% cumulatively to settle at 8,039.19 points.

Futu NewsJul 11 11:02

Global Equities Roundup: Market Talk

WSJJul 10 16:29

Market Snapshot | The three major indices moved in mixed directions, with the Hang Seng Index rising 0.6% and the Hang Seng Tech Index falling 0.21%. Technology and internet stocks generally advanced, with Xiaomi up over 3% and Alibaba gaining more than 2

Tech and internet stocks rose broadly, with Xiaomi Group-W up 3.36% and NetEase down 2.73%; most lithium battery stocks declined, with CATL falling 7.92% and Tianqi Lithium down 4.20%; biotechnology stocks advanced across the board, with Pregene Biopharma-B surging 28.93% and Kelun-Biotech rising 8.74%;

Futu NewsJul 10 16:24

Wang Yajun of Goldman Sachs: Hong Kong’s full-year IPO fundraising is on track to reach USD 60 billion, setting a new historical high.

Wang Yajun stated that the current rally in Hong Kong-listed AI stocks is driven by structural, long-term bullish trends stemming from AI industry transformation, rather than by the economic cycle.

Zhitong FinanceJul 10 15:20

Hong Kong Market Midday Review | The three major Hong Kong stock indices continued to rise, with the Hang Seng Tech Index up 2.69%. Technology and internet stocks extended their gains, with Xiaomi rising nearly 5% and Alibaba climbing close to 4%. Biotech

Multiple tech and internet stocks rose, with Xiaomi Group-W up 4.64% and Kuaishou-W up 3.66%. Pharmaceutical stocks advanced across the board, led by Pharmaron rising 13.85% and 3SBio up 9.18%. Shares in the smartphone supply chain also gained, with ZTE Corporation up 9.96% and Hua Hong Hongli up 7.14%.

Futu NewsJul 10 12:13

Express News | Caixin News Midday Digest – July 10

BreakingsJul 10 12:02

Futu Morning Brief | U.S. Commerce Secretary urges SK Hynix and Samsung to expand U.S. memory chip capacity; Zuckerberg denies Meta has excess computing power, citing commercial potential in cloud business; GigaDevice and Han's CNC issue profit warnings;

Tensions between the U.S. and Iran escalated, prompting Trump to switch Air Force One mid-trip during his travel to and from the NATO summit, after Israel informed the U.S. of 'a new Iranian plot to assassinate Trump'; Trump resumed strikes against Iran, raising concerns among Republicans about negative impacts on the midterm elections.

Futu NewsJul 10 08:10

Market Snapshot | Hang Seng Index down 0.7%, Hang Seng Tech Index nearly flat; semiconductor stocks rose, with SMIC up over 10%; memory-related stocks performed strongly, with GigaDevice surging nearly 22% and CSOP Leveraged 2x SK Hynix ETF gaining over 1

Tech and internet stocks declined, with Kuaishou-W down 4.27% and Meituan-W down 2.97%; smartphone supply chain stocks rose, with SMIC up 10.22% and Huahong Hongli up 8.44%; most auto stocks fell, with New Jiaolong RV down 9.72% and Geely Auto down 4.53%;

Futu NewsJul 9 16:24

Goldman Sachs calls for bullish positions on China's AI: global funds have allocated only 1.2% to a sector with a $4 trillion market capitalization

Goldman Sachs recommends going long on China's AI value chain, betting on the misalignment between revenue contribution and global positioning.

BlockBeatsJul 9 15:37

Hong Kong Market Midday Review | All three major indices rose sharply before retreating; the Hang Seng Tech Index fell 0.06%. Semiconductor and artificial intelligence-related stocks gained strength, with Zhipu AI and Tianshu ZhiXin rising over 7% despite

Tech and internet stocks declined across the board, with Kuaishou-W down 3.32% and Meituan-W down 2.47%; gold mining stocks weakened, with Lingbao Gold down 8.08% and Zijin Gold International down 7.09%; non-ferrous metal stocks broadly fell, with Lingbao Gold down 8.08% and Zijin Gold International down 7.09%;

Futu NewsJul 9 12:14